Dadex Eternit Balance Sheet Health
Financial Health criteria checks 5/6
Dadex Eternit has a total shareholder equity of PKR686.0M and total debt of PKR715.8M, which brings its debt-to-equity ratio to 104.4%. Its total assets and total liabilities are PKR3.1B and PKR2.5B respectively.
Key information
104.4%
Debt to equity ratio
PK₨715.81m
Debt
Interest coverage ratio | n/a |
Cash | PK₨46.07m |
Equity | PK₨685.96m |
Total liabilities | PK₨2.45b |
Total assets | PK₨3.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DADX's short term assets (PKR2.5B) exceed its short term liabilities (PKR2.4B).
Long Term Liabilities: DADX's short term assets (PKR2.5B) exceed its long term liabilities (PKR5.2M).
Debt to Equity History and Analysis
Debt Level: DADX's net debt to equity ratio (97.6%) is considered high.
Reducing Debt: DADX's debt to equity ratio has reduced from 113.3% to 104.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable DADX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DADX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.4% per year.